Word: happeners
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...believes he's Superman when he puts on a cape. The difference is you never grew up, Mr. Madoff, and we're all paying for it now. But maybe because of what you've done to us, the rules of regulation will be changed so it doesn't happen to others...
...Fund who teaches at the Massachusetts Institute of Technology and whose blog, Baseline Scenario, has become essential reading for crisis buffs. The Federal Reserve and Treasury left creditors at Lehman Brothers adrift in September, and the repercussions were so dire that regulators resolved not to let such a thing happen again...
...pieces of news to sift through, and some of them were Trojan Horses. Ben Bernanke, the head of the Federal Reserve, said that the economic recovery might still begin in the latter part of this year. What was not so well reported was that he said it could only happen if the banking system was fixed, a process that may actually take years. The price of oil has been moving up which usually means that the market expects that individual and industrial demand will improve. It also means that it may cost $4 a gallon to drive...
...democratic credentials." While she rules out a coup, Shaikh believes that Zardari's latest maneuvering will "create great consternation in the senior ranks of the army." General Ashfaq Kayani made a surprise visit to Prime Minister Yousuf Raza Gilani on Wednesday to discuss the turmoil. "I suspect what might happen is an attempt by the military to orchestrate events in a way to curb or control Mr. Zardari's powers," added Shaikh. "Patience appears to be running out with Mr. Zardari - in Pakistan, among the military establishment and the international community...
...weekend’s little wardrobe snafu—nothing a belt can’t fix. Sagittarius There is something to be said for blind idealism, but keep your guard up and be careful. Not everything is as perfect as it seems. Capricorn Something amazing is about to happen to you, but it’s all a matter of interpretation. We are prophetic in our vagueness. Aquarius Now that the parents have finally left town, let down your hair and do something crazy. It’s never too late to get started on the Harvard trifecta...